ACTIVE

PI-construct

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Financial year 2025 · closed on 31/12/2025

Net result

-20,7 k €

+21.0% YoY

Gross margin

12,1 k €

+26.6% YoY

Equity

563,2 k €

-3.5% YoY

What does PI-construct do?

PI-construct is a Private company with limited liability incorporated in 1998. Its main activity is: Electrical installation. Its registered office is in Blankenberge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.406.324

Incorporation

12/01/1998

Legal form

Private company with limited liability

Registered office

Willem van Saeftingestraat 9
8370 Blankenberge · FlandreSee on map

Contributed capital

12 394,67 €

Latest accounts

31/12/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	12,1 k €	+26.6%	9,6 k €	-64.4%	26,9 k €	+61.3%	16,7 k €	-84.4%	106,7 k €	-45.6%	196,1 k €	+49.4%	131,3 k €	-17.1%	158,3 k €	-43.2%	278,5 k €	+110%	132,7 k €	+2.3%	129,7 k €	+122%	58,4 k €	-65.8%	171,1 k €	-57.5%	403,0 k €	+112%	189,7 k €	-18.7%	233,4 k €	+59.2%	146,7 k €	+29.3%	113,5 k €	+9.7%	103,4 k €	+68.4%	61,4 k €
EBITDA	4,7 k €	+583%	-971,8 €	-106%	17,1 k €	+122%	7,7 k €	-92.2%	98,5 k €	-47.2%	186,6 k €	+51.8%	122,9 k €	-18.4%	150,6 k €	-44.6%	272,0 k €	+120%	123,8 k €	-0.9%	124,9 k €	+132%	53,7 k €	-59.0%	130,9 k €	-67.0%	396,7 k €	+116%	183,4 k €	-19.9%	229,0 k €	+60.2%	142,9 k €	+28.4%	111,3 k €	+9.8%	101,4 k €	+71.0%	59,3 k €
Operating result	-19,4 k €	+25.6%	-26,1 k €	-194%	-8,9 k €	+51.6%	-18,4 k €	-126%	71,9 k €	-52.2%	150,4 k €	+73.6%	86,7 k €	+47.0%	59,0 k €	+18.4%	49,8 k €	-48.9%	97,5 k €	-4.1%	101,6 k €	+220%	31,8 k €	-68.4%	100,7 k €	-73.0%	372,6 k €	+133%	159,7 k €	-24.3%	210,9 k €	+70.5%	123,7 k €	+31.1%	94,4 k €	+12.3%	84,0 k €	+91.4%	43,9 k €
Net result	-20,7 k €	+21.0%	-26,1 k €	-729%	4,2 k €	+114%	-29,9 k €	-176%	39,1 k €	-57.5%	92,0 k €	+119%	42,1 k €	+44.2%	29,2 k €	+0.8%	29,0 k €	-55.2%	64,6 k €	+36.1%	47,5 k €	+70.6%	27,8 k €	+10.5%	25,2 k €	-91.1%	283,8 k €	+167%	106,2 k €	-24.6%	140,8 k €	+75.6%	80,2 k €	+12.7%	71,1 k €	+0.7%	70,6 k €	+96.7%	35,9 k €
Balance sheet
Equity	563,2 k €	-3.5%	583,8 k €	-4.3%	610,0 k €	+0.7%	605,8 k €	-4.7%	635,7 k €	-2.9%	654,6 k €	+16.2%	563,5 k €	+8.1%	521,4 k €	-47.8%	998,3 k €	+3.0%	969,4 k €	+7.1%	904,7 k €	+5.5%	857,2 k €	+3.4%	829,4 k €	-3.6%	860,4 k €	+49.2%	576,6 k €	+22.6%	470,4 k €	+42.7%	329,6 k €	+32.2%	249,4 k €	+39.9%	178,2 k €	+65.6%	107,6 k €
Total assets	810,4 k €	-2.7%	833,0 k €	-3.8%	866,0 k €	-9.4%	956,1 k €	-4.3%	998,5 k €	-19.2%	1,2 M €	+9.4%	1,1 M €	-1.5%	1,1 M €	+2.0%	1,1 M €	+6.4%	1,1 M €	+8.5%	974,0 k €	+5.6%	921,9 k €	-7.8%	1,0 M €	-10.4%	1,1 M €	+56.1%	715,3 k €	+23.0%	581,5 k €	-21.6%	742,1 k €	+125%	329,4 k €	+26.0%	261,5 k €	+27.5%	205,1 k €
Cash	5,7 k €	+264%	1,6 k €	+46.9%	1,1 k €	-30.5%	1,5 k €	-55.9%	3,5 k €	-96.8%	107,8 k €	-53.2%	230,3 k €	-11.2%	259,4 k €	+57.6%	164,6 k €	+35.9%	121,1 k €	-61.4%	314,0 k €	+15.8%	271,3 k €	+28.3%	211,5 k €	-48.3%	409,3 k €	+300%	102,3 k €	+14.9%	89,1 k €	-63.5%	244,0 k €	+140%	101,7 k €	-20.0%	127,1 k €	+102%	63,0 k €
Debts	247,3 k €	-0.8%	249,2 k €	-2.7%	256,0 k €	-26.9%	350,2 k €	-3.5%	362,8 k €	-37.5%	580,7 k €	+2.6%	565,9 k €	-9.5%	625,5 k €	+396%	126,0 k €	+44.8%	87,0 k €	+25.6%	69,3 k €	+7.1%	64,7 k €	-61.3%	167,2 k €	-34.7%	256,2 k €	+84.8%	138,7 k €	+24.8%	111,1 k €	-73.1%	412,3 k €	+415%	80,1 k €	-3.9%	83,3 k €	-12.3%	95,0 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Ivan PIETERS

Director

Active

Ended mandates

Ivan Pieters

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	31/08/2025	30/09/2024	31/08/2023	30/08/2022	28/09/2021
General meeting	13/05/2026	26/08/2025	30/08/2024	19/08/2023	25/06/2022	26/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	13/05/2026	23/07/2026	Dutch	PDF
Micro model	31/12/2024	26/08/2025	31/08/2025	Dutch	PDF
Micro model	31/12/2023	30/08/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	19/08/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	25/06/2022	30/08/2022	Dutch	PDF
Micro modelCorrection	31/12/2020	26/06/2021	28/09/2021	Dutch	PDF
Micro model	31/12/2020	26/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	27/06/2020	11/09/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	02/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	13/08/2018	Dutch	PDF
Micro model	31/12/2016	24/06/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	18/07/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	17/07/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	29/06/2013	25/11/2013	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Ivan PIETERS

Director

Active

Ended mandates

Ivan Pieters

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2024
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office09/04/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares21/02/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares17/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office01/09/2006
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares29/12/2005
BENAMING - KAPITAAL - AANDELEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-20,7 k €↑
2024
Annual accounts 2024-26,1 k €↓
2023
Annual accounts 20234,2 k €↑
2022
Annual accounts 2022-29,9 k €↓
2021
Annual accounts 202139,1 k €↓
2020
Annual accounts 202092,0 k €↑
2019
Annual accounts 201942,1 k €↑
2018
Annual accounts 201829,2 k €↑
2017
Annual accounts 201729,0 k €↓
2016
Annual accounts 201664,6 k €↑
2015
Annual accounts 201547,5 k €↑
2014
Annual accounts 201427,8 k €↑
2013
Annual accounts 201325,2 k €↓
2012
Annual accounts 2012283,8 k €↑
2011
Annual accounts 2011106,2 k €↓
2010
Annual accounts 2010140,8 k €↑
2009
Annual accounts 200980,2 k €↑
2008
Annual accounts 200871,1 k €↑
2007
Annual accounts 200770,6 k €↑
2006
Annual accounts 200635,9 k €
12/01/1998
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PI-construct

Overview

What does PI-construct do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline